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Vietnam’s Blockchain Industry Faces Shortage of Talent


The booming blockchain sector in Vietnam is having to deal with a serious deficit in specialists, local media revealed. Despite the large number of software engineers in the country, those with blockchain expertise meet less than a fifth of the current demand, with businesses already looking...

Sony Cuts PlayStation 5 Sales Expectations Due To Global Chip Shortage


In what will come as a surprise to absolutely no one, chip shortages impacted the PlayStation 5 late last year. Don’t expect that to change just yet. During Sony’s most recent quarterly financial earnings, the company’s gaming division did see a rise in profit. However, as Reuters notes, Sony...

Kazakhstan Shuts Down Crypto Mining Farms Till February


Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages blamed on crypto mining and blackouts in the cold winter months. Crypto...

Canaan Expands Mining Operations in Kazakhstan Amid Power Deficit, Protests


Hardware manufacturer Canaan is expanding its crypto mining operations in Kazakhstan. The company is now cooperating with a number of mining firms there and has already deployed over 10,000 pieces of hardware despite the country’s challenges with electricity supply. Increased energy prices...

Intel Says CPU And GPU Shortages May Last Until 2023


Bad news to folks out there trying to get a new console like the PS5 or a fancy, more powerful graphics card for their aging PC. According to Intel, the ongoing semiconductor shortage will continue to make it hard to find and buy new electronics well into 2023. Read more

Xbox Head Explains Console Shortages Will Continue Into 2022


It’s likely that if you are reading these words on this website, you already know how hard it can be to get your hands on the new consoles. Well, I’ve got some bad news straight from Xbox VP of gaming Phil Spencer: Finding a console ain’t getting easier anytime soon. Read more

Global Chip Shortage Will Continue For Another Year


Earlier this year, Kotaku reported that the global chip shortage, which impacts everything from graphics cards to PS5, was becoming a “crisis.” Now, Toshiba is warning that the shortage will continue for another year. Read more

Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption


Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto...

Global PS5, Xbox & GPU Shortage Partially Blamed On $1 Part


As we talked about last week, the global supply shortage affecting all kinds of products, from consoles to phones to cars, is down to a lack of semiconductors. More specifically, though, one of the biggest culprits is a shortage of display drivers, a tiny part that costs around $1.Read more

Bitcoin In Contango: How Pricing Differences Can Foreshadow Further Gains


Major differences in the spot price for bitcoin and the cost of buying the cryptocurrency in the futures market create unique opportunities for traders. Several factors may be behind this development, but it could be bullish for the bitcoin price outlook no matter the catalyst. Curious Developments...

Bitcoin Hashrate Ramps to 130 Exahash Amid Next-Generation Miner Shortage


Regional reports from China have highlighted that a number of major Chinese ASIC mining rig manufacturers have sold out of their next-generation model stock. The shrinking supply of high-performance machines may be due to the shortage of 7nm and 8nm chips from TSMC and Samsung. Bitcoin miners...

Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia


During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce....

Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies


The Nation of Cuba is dealing with a national food crisis, as Venezuela has stopped offering aid to the small island nation. Moreover, the coronavirus outbreak has caused a shortage of cash couriers called “mules” and everyday items are becoming scarcer. Amid the crisis, a number...

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